New Zealand Limited Partnerships Overview
New Zealand is an economy with a very good business reputation that has know a fast development in the last 10 years . For international businesses, it offers a number of important planning opportunities. The jurisdiction enjoys a large network of tax treaties (DTA¡¯s) with countries such as Australia, Canada, China, France, the UK, Japan, Germany, Italy, Taiwan and the USA.
The use of a locally-registered company in conjunction with a locally-registered foreign trust can increase the value of investments. Australia Offshore is an expert in the formation and management of such structures.
Why choose the New Zealand?
Accounting Requirement
Cost of incorporation & Management
Who to contact?
>> Facts on New Zealand Limited Partnerships
>> Advantages of New Zealand Foreign Trusts
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Why choose New Zealand?
The principal advantages of the New Zealand limited partnership are that it is a recognized legal entity and where its activities do not generate any NZ source income, the Limited Partnership, correctly structured, will not be subject to New Zealand taxation.
The Limited Partnership may have overseas resident general and limited partners situated in a tax neutral / zero tax jurisdiction who will not be taxable in New Zealand, nor in their country of residence. Such an approach enables the Limited Partnership to be utilised as an entirely tax free vehicle.
The above-mentioned benefits coupled with the solide overseas image which New Zealand presents, offers an outstanding planning opportunity.
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Accounting Requirement
An annual return (Form LP 10) must be filed each year with the Companies Office on the anniversary of the date of registration confirming the registered details of the Company.
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Cost of incorporation & Management
Cost of Incorporation: $2.100
Annual Renewal Cost: $1.400
